Homes - Average Sold Price

Town of Crested Butte

2003 424,095 / 23 homes sold
2004 675,833 / 29 homes sold
2005 819,446 / 28 homes sold
2006 937,323 / 25 homes sold

Mt Crested Butte

2003 695,389 / 15 homes sold
2004 709,769 / 26 homes sold
2005 819,446 / 28 homes sold
2006 1,326,442 / 12 homes sold
The above figures do not reflect the several million sale dollars in sales from non MLS sales of the Wildhorse at Prospect.

Crested Butte South

2003 336,661 / 18 homes sold
2004 355,826 / 23 homes sold
2005 477,697 / 30 homes sold
2006 533,714 / 21 homes sold

Condominiums - Average Sold Price

Town of Crested Butte

2003 244,107 / 14 condos sold
2004 297,296 / 25 condos sold
2005 402,826 / 23 condos sold
2006 482,611 / 9 condos sold

Mt Crested Butte

2003 237,189 / 65 condos sold
2004 260,852 / 193 condos sold
2005 364,407 / 140 condos sold
2006 454,312 / 49 condos sold
The above figures do not reflect the several million sale dollars in sales from the successful non MLS sales of the West Wall Lodge, Lodge at Mountaineer Square and Villas Condominium complexes.

Vacant Land - Average Sold Price

Town of Crested Butte

2004 375,910 / 12 lots sold
2005 554,528 / 18 lots sold
2006 475,329 / 12 lots sold

Mt Crested Butte

2003 231,565 / 23 lots sold
2004 292,661 / 45 lots sold
2005 473,448 / 31 lots sold
2006 738,547 / 18 lots sold
The above figures do not reflect the several million sale dollars in sales from non MLS sales of the exclusive homesites at the Prospect, a ski in & out neighborhood.

Crested Butte South

2003 67,235 / 23 lots sold
2004 80,039 / 70 lots sold
2005 174,003 / 49 lots sold
2006 211,229 / 22 lots sold

35+ Acre Parcels - Outer Crested Butte Area

2003 428,995 / 11 parcels sold
2004 380,003 / 35 parcels sold
2005 911,943 / 33 parcels sold
2006 1,263,125 / 8 parcels closed

The Crested Butte area enjoyed an extremely up-beat market during 1999, then again with the 2004 ski area sale. This upward trend towards a solid market with rising prices is continuing in 2007. Crested Butte still remains affordable when compared to other Rocky Mountain resorts/ski towns especially when one considers the direction Crested Butte is heading with the current 250+ million dollar ski area upgrade, Mountaineer Square & Cimarron developments at the base area and the enormous future potential of the North Mountain Village.

I have compiled this data to give you a general overall market perspective comparing sold price to volume of real estate sales in the Town of Crested Butte, Mt. Crested Butte and Crested Butte South real estate sectors. Please contact me if I may provide a detailed analysis on a particular neighborhood or particular type of property for you.

The above figures and data were compiled from Gunnison Country Association of Realtors’ MLS system.
The Crested Butte area continues to move forward with well-designed growth, tasteful consideration of the environment and concern for preservation of the beauty of the area. The local Land Trust contributes greatly to preservation of open space and to the consciousness of the public in protecting this area. They are joined with strong support from the ranching community, as well.